forex software

Create and Test Forex Strategies

forex software
Forex Software
Products
Expert Advisor Studio Forex Strategy Builder Professional Express Generator CoinRang Trading Courses Historical Forex Data
Purchase Partners Repository Docs & Guides Forum
You are here: Docs & Guides » Expert Advisor Studio - User Guide » Report
eas-guide:report

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Next revision		Previous revision
Next revisionBoth sides next revision
eas-guide:report [2016/08/05 12:19] – created Miroslav Popoveas-guide:report [2019/02/15 06:05] – Miroslav Popov
Line 10: Line 10:
 {{ :eas-guide:report-stats-info.png?nolink |Stats info}} {{ :eas-guide:report-stats-info.png?nolink |Stats info}}
  
-===== Market info ===== 
- 
- 
-This table contains all information for the data set loaded in the application and used for backtesting the current expert. 
  
 ===== Output parameters ===== ===== Output parameters =====
  
  
-This panel shows the values of all statistical parameters calculated by the backtesting engine of EA Studio.+Output parameter panel shows the values of all statistical parameters calculated by the backtesting engine of EA Studio.
  
   * **Net balance** - the end amount in the trading account. The Net Balance is measured in the account's currency.   * **Net balance** - the end amount in the trading account. The Net Balance is measured in the account's currency.
   * **Max drawdown** - the reduction of the account after a series of losing trades. This is normally calculated by getting the difference between the previous account peak minus the lowest following bottom. The drawdown is shown as a percentage of the trading account.   * **Max drawdown** - the reduction of the account after a series of losing trades. This is normally calculated by getting the difference between the previous account peak minus the lowest following bottom. The drawdown is shown as a percentage of the trading account.
   * **Executed orders** - this is the number of executed transactions. Please note that the opening and the closing transactions are counting separately.   * **Executed orders** - this is the number of executed transactions. Please note that the opening and the closing transactions are counting separately.
-  * **Ambiguous bars** - the program marks a bar as 'Ambiguous' when the historical data doesn't contain complete information for the sequence in which the program has to execute the orders. It may happen when Stop Loss and Take Profit are close to each other in the range in the same bar. EA Studio always makes a pessimistic guess in such cases. +  * **Ambiguous bars** - the program marks a bar as 'Ambiguous' when the historical data doesn't contain complete information for the sequence in which the program has to execute the orders. It may happen when Stop Loss and Take Profit are close to each other in the range in the same bar. In such cases EA Studio always makes a safe (pessimistic) guess . 
-  * **Profit per day** - an average of the money gained by the Expert per day.+  * **Profit per day** - an average of the money gained by the strategy per day.
   * **Win/loss ratio** - calculated by dividing the count of the winning trades by the count of all trades.   * **Win/loss ratio** - calculated by dividing the count of the winning trades by the count of all trades.
   * **Sharpe ratio** - measures the risk-adjusted return. The higher the Sharpe ratio is, the better the Expert is.   * **Sharpe ratio** - measures the risk-adjusted return. The higher the Sharpe ratio is, the better the Expert is.
   * **Average HPR** - shows the average return received from holding an asset or portfolio of assets over a period of time, expressed as a percentage.   * **Average HPR** - shows the average return received from holding an asset or portfolio of assets over a period of time, expressed as a percentage.
-  * **Profit factor** - the dollar amount an Expert made for every dollar it lost.+  * **Profit factor** - the dollar amount the strategy made for every dollar it lost.
   * **System Quality number** - the SQN number was studied by Dr Van Tharp. He found that the higher the SQN is, the better the trading system is.   * **System Quality number** - the SQN number was studied by Dr Van Tharp. He found that the higher the SQN is, the better the trading system is.
  
Line 37: Line 33:
  
 The Indicator chart shows the price bars, the indicators and the signals and the positions. The Indicator chart shows the price bars, the indicators and the signals and the positions.
 +
 +{{ :eas-guide:trailing-stop-loss-indicator-chart.png?nolink |Trailing Stop Loss on the Indicator Chart}}
 +
 +Trailing Stop Loss will show on the Indicator Chart whenever it is defined in the Strategy Properties.
 +
  
 ===== Balance chart ===== ===== Balance chart =====
Line 48: Line 49:
  
  
-The **Transaction Log** shows all trades made by the program during the backtest. It is useful to examine the exact entry/exit time and prices and to compare them with a backtest of an exported Expert in MetaTrader. Both tests must show very similar results. The main reasons for differences might be that either the testing data set is different from the one the MetaTrader uses or the data sets have a different Time zone. In both cases, you cannot rely on that Expert for real trading. Please note that if an Expert is over-optimized, even the smallest difference in the data or in the trading conditions will create very different results.+The **Transaction Log** shows all trades made by the strategy during the backtest. It is useful to examine the exact entry/exit time and prices and to compare them with a backtest of an exported Expert Advisor in MetaTrader. The EA Studio backtest and the MetaTrader backtest must show very similar results. The main reason for differences might be that either the testing historical data is different from the one the MetaTrader uses or the historical data has a different Time zone. In both cases, you cannot rely on that strategy for real trading.  
 + 
 +Additionally please note that if a strategy is over-optimized, even the smallest difference in the data or in the trading conditions will create very different results.
  
 ~~DISQUS~~ ~~DISQUS~~
Copyright © 2006 - 2024, Forex Software Ltd.